Data: Abraxas Capital purchased a total of 243,000 ETH in the past week, with holdings valued at $561 million
According to ChainCatcher, the investment firm Abraxas Capital has recently been increasing its holdings of ETH by borrowing USDT.
Over the past week, the firm has purchased a total of 243,000 ETH (worth $561 million), pushing its average holding price of ETH from $2,460 to above $2,700, an increase of approximately 10%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Vietnam VN Index closed down 0.6%
Windward Bio (WWB.US) plans to list in the US and aims to raise up to 100 million dollars, with multiple drugs licensed to Chinese pharmaceutical companies.
Windward Bio Group filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) last Friday, aiming to raise up to 100 million dollars.
A Contrarian Amid the Selloff in French Bonds: 370 billion AUD Pension Fund Increases Holdings, Betting That Fiscal Risks Are Overestimated
Australia's second largest pension fund is buying French government bonds. The institution believes that the market has overreacted in pricing France's fiscal predicament and the European Central Bank's interest rate hike outlook.
Bravida Names Caroline Starck Head of Communications for Sweden
Crypto prices
More
